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LA Auto Club: Gas Prices Continue Free-Fall

LOS ANGELES--Dec. 20, 2005--The average price of a gallon of gasoline in Southern California fell nearly 35 cents in the past month as reduced demand, hefty inventories and increased production added downward pressure on oil prices, according to the Automobile Club of Southern California's monthly Fuel Gauge Report.

The Southern California December average price for regular self-serve gasoline is $2.289, which compares to a Nov. 15, 2005 average of $2.637 - a decrease of 34.8 cents.

"Oil has gone from $70 per barrel in the early fall to around $60 today," said Auto Club spokesperson Carol Thorp. "Christmas travelers in California can expect prices to continue downward through the New Year, but should expect to see them bottom out soon thereafter. Prices typically stabilize and begin to rise in early spring due to refinery maintenance and the annual switch to summer-blend fuel."

Statewide, the average price for December is $2.250 down 33.1 cents from $2.581 in November. The all-time record high of $3.054 was set on Sept. 9. The lowest average price in Southern California is in La Habra, where regular is selling for $2.114. Blythe reports the region's highest average price at $2.575.

Nationally, the average price is $2.210, down from $2.292 in November. The state with the lowest gas price average is Utah at $2.011. The nation's highest average price is in Hawaii, where regular gasoline is selling for an average of $2.660.

In Southern California, the averages for regular and premium grades of gasoline are listed below:

County                    Reg 12-20  Reg 11-15  Pre 12-20  Pre 11-15
Imperial County
El Centro                     2.326      2.706      2.464      2.879

Inyo County
Bishop                        2.479      2.712      2.679      3.024

Kern County
Bakersfield                   2.247      2.501      2.457      2.742
Ridgecrest                    2.459      2.679      2.661      2.905

Los Angeles County
Alhambra                      2.201      2.568      2.369      2.679
Arcadia                       2.265      2.640      2.339      2.899
Burbank                       2.248      2.641      2.342      2.796
Culver City                   2.342      2.768      2.249      3.106
Glendale                      2.241      2.599      2.426      2.819
Glendora                      2.219      2.520      2.469      2.759
Inglewood                     2.215      2.586      2.419      2.792
Lancaster                     2.244      2.593      2.259      2.616
Long Beach                    2.220      2.602      2.371      2.769
Los Angeles                   2.276      2.638      2.444      2.783
Manhattan Beach               2.262      2.688      2.339      2.739
Montebello                    2.218      2.562      2.159      2.845
Santa Clarita                 2.223      2.617      2.469      2.799
Santa Monica                  2.327      2.679      2.569      2.964
Van Nuys                      2.223      2.629      2.366      2.704
Whittier                      2.213      2.583      2.219      2.556
Woodland Hills                2.294      2.677      2.474      2.882

Orange County
Anaheim                       2.182      2.527      2.250      2.558
Fullerton                     2.125      2.497      2.209      2.645
Huntington Beach              2.136      2.482      2.330      2.695
La Habra                      2.114      2.463      2.319      2.639
Laguna Beach                  2.350      2.729      2.599      3.039
Newport Beach                 2.276      2.676      2.479      2.899
San Clemente                  2.344      2.681      2.514      2.879
Tustin                        2.276      2.601      2.439      2.819

Riverside County
Blythe                        2.575      2.877      2.599      2.932
Hemet                         2.284      2.664      2.364      2.722
Palm Springs                  2.399      2.739      2.646      2.939
Riverside                     2.238      2.569      2.407      2.719

San Bernardino County
Redlands                      2.172      2.584      2.399      2.832
San Bernardino                2.265      2.662      2.239      2.579
Victorville                   2.269      2.575      2.203      2.577

San Diego County
Chula Vista                   2.271      2.575      2.628      2.919
Del Mar                       2.322      2.709      2.469      3.019
Escondido                     2.247      2.576      2.472      2.835
Oceanside                     2.336      2.671      2.554      2.976
San Diego                     2.301      2.684      2.614      2.894

San Luis Obispo County
San Luis Obispo               2.398      2.731      2.631      3.092

Santa Barbara County
Lompoc                        2.411      2.838      2.684      3.075
Santa Barbara                 2.414      2.718      2.486      2.599
Santa Maria                   2.422      2.722      2.399      2.619

Tulare County
Porterville                   2.399      2.634      2.489      2.754
Visalia                       2.329      2.599      2.552      2.889

Ventura County                       
Ventura                       2.276      2.604      2.313      2.700

So. Cal. Avg.                 2.289      2.637      2.434      2.810

The Auto Club's Fuel Gauge Report is based on data gathered from monitoring fuel transactions at 2,800 Southern California gas stations. Oil Price Information Service -- the nation's most comprehensive source of petroleum pricing information, provides the data. Editors, for regional average daily fuel prices nationwide, please go to www.fuelgaugereport.com.